Full-Time
Director – Managing Counsel-Employment Law
Posted on 10/31/2025
The Bank of New York Mellon
10,001+ employees
Global financial services with asset management
Compensation Overview
$165k - $240k/yr
Pittsburgh, PA, USA + 2 more
More locations: Lake Mary, FL, USA | New York, NY, USA
Hybrid
Hybrid role requiring 4 days in-office weekly.
 Legal & Compliance (2) |
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- Role requires location in New York City, New York; Pittsburgh, Pennsylvania; or Lake Mary, Florida with four days per week in-office.
- Advanced Legal Degree or local country equivalent degree usually required; licensure/certification by the local country or jurisdiction is typically required, though in some jurisdictions licensure may not be required for placement in the role.
- 8-12 years minimum work experience in the practice of employment law as a qualified attorney is preferred.
- Prior corporate legal experience within the financial services industry or experience in assigned practice area (e.g., securities, employment, etc.) with an outside law firm is preferred.
- Provide specialized, expert employment legal advice and support to a leading global financial services company, including counsel to all levels of the People Business Partners team and business or functional area leaders on employment related legal issues.
- Investigate and defend claims and litigations; educate PBPs to mitigate employment law risks; advise on the creation of best in class employment related programs and policies.
- Act as a trusted internal resource capable of using knowledge of BNY businesses, products, services and/or strategies to articulate and advance legal positions.
- Advise, counsel and train clients on federal, state and city employment laws and regulations.
- Manage employment litigation including handling charges of discrimination filed with federal, state and city human rights commissions, managing outside counsel, case management and case strategy.
- Demonstrate strong negotiation skills.
- Background in mergers and acquisitions employment issues and enforcement of restrictive covenants; draft and negotiate employment and separation agreements; develop policies, templates and guidance to ensure compliance with various legal and business requirements.
- Exhibit excellent legal and business judgment, high discretion, and excellent verbal and written communication skills.
- Ability to meet deadlines, prioritize workload, adapt to changing conditions and execute with excellence in a complex matrix environment.
- Demonstrate the ability to handle multiple projects and drive them to conclusion in a timely manner.
- This role prefers 8-12 years of employment law experience (already included in requirements)
- Prior corporate legal experience within financial services or experience in assigned practice area with outside law firm is preferred (already included)
BNY Mellon combines traditional asset management, custody, and investment services with digital capabilities. It is building a multi-asset digital platform that links cryptocurrencies and tokenized securities with conventional financial systems, serving individuals, corporations, and institutional clients. Pershing X expands digital capabilities to improve client experiences; the firm earns fees, commissions, and interest income. By integrating ESG factors and partnering with Citi and Verizon, it aims to connect digital innovation with secure, scalable financial services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Town of East Hampton, New York
Founded
1784
Simplify's Take
What believers are saying
- Digital asset custody expands across regulated markets like the UAE.
- AI tools accelerate onboarding, servicing, and settlement inquiries.
- Snapdocs automation lowers mortgage collateral costs and extends eCustody.
What critics are saying
- Regulatory tightening can stall digital-asset custody expansion quickly.
- AI spending fails without measurable fee or cost improvements.
- Higher risk-weighted assets constrain CET1 and buyback flexibility.
What makes The Bank of New York Mellon unique
- BNY is the first U.S. G-SIB offering digital asset custody.
- BNY positions itself as an enabler, not a stablecoin issuer.
- BNY spends nearly $4 billion annually on technology.
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Benefits
Health Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Flexible Work Hours
Remote Work Options
Company News
The Bank of New York Mellon has acquired an additional 101,810 shares of Strategy for approximately $18.7 million, bringing its total holdings to one million shares valued at around $187.2 million at current market prices. The institution, which manages approximately $2.1 trillion in assets, joins a growing number of large organisations establishing significant positions in Strategy as a means of gaining Bitcoin exposure.
The Bank of New York Mellon is expected to report quarterly earnings of $1.93 per share, up 22.2% year-over-year, with revenues forecast at $5.15 billion, a 7.5% increase. The consensus EPS estimate has been revised down 0.5% over the past 30 days. Analysts project total interest-earning assets at $390.81 billion, compared to $354.69 billion last year. Book value per share is expected to reach $58.50, up from $52.82 previously. The Tier 1 capital ratio is forecast at 15.4%, versus 14.7% a year ago. Net interest revenue is projected at $1.32 billion, compared to $1.16 billion in the prior-year quarter. Nonperforming assets are expected to decline to $191.31 million from $213 million last year.
Bank of New York Mellon has partnered with Singapore Gulf Bank, adding the firm to its correspondent banking network and providing access to its Fixed Income Brokerage platform. The deal enables SGB's crypto-native clients to access 24/7 US dollar clearing, money market funds and Treasury bills, bridging digital assets with traditional fixed income. The partnership highlights BNY's growing role in tokenised finance infrastructure, following the bank's recent Digital Asset Summit appearance where its CEO outlined positioning around tokenisation and digital custody. However, analysts view the development as incremental rather than a major near-term catalyst. BNY's narrative projects $23.2 billion revenue and $6.4 billion earnings by 2029, requiring 5% annual revenue growth. Fair value estimates range from $118.67 to $133.83 per share.
Strategy has purchased approximately $330 million worth of Bitcoin between 1 April and 5 April, the company disclosed, even as it reported a $14.5 billion unrealised loss in the first quarter due to Bitcoin's price decline. Bank of New York Mellon has been designated by the US Department of the Treasury as a financial agent for the Trump Accounts programme for newborns. BNY Mellon has partnered with Robinhood, which will serve as brokerage and initial trustee for the accounts. US stocks climbed on Monday as oil prices dropped amid cautious optimism for de-escalation in Middle East hostilities. Iran and the US have reportedly received a Pakistan-prepared plan for ending attacks, according to Reuters.
The US Department of the Treasury has named BNY Mellon as the official financial agent for its Trump Accounts programme, with Robinhood joining as a key partner. BNY Mellon will manage initial accounts and help develop a dedicated mobile application for families to access funds. Robinhood will provide brokerage services and act as initial trustee for the accounts. The secure, white-label platform will remain under full government control whilst emphasising usability and security for first-time users. The initiative aims to expand access to structured savings and investment accounts for younger Americans as part of broader financial inclusion efforts. The Treasury will maintain strict oversight, including performance standards and regulatory compliance. Details on eligibility and funding mechanisms are still emerging.